The government’s push for the Pak Bara deep-sea port in Satun has softened as Prime Minister Prayut Chan-o-cha said local people’s opinions must be taken into account first. Source: Business
Read More »Monthly Archives: September 2017
PDMO seeks to lock in rates
The Public Debt Management Office (PDMO) will focus on issuing bonds with maturities in a range of five to 50 years for the next fiscal year, starting Oct 1, to lock in low interest rates, says Theeraj Athanavanich, a bond market adviser. Source: Business
Read More »MPI continues to rise as exports shine
The manufacturing production index (MPI) continues to rise, gaining 3.7% year-on-year in August to 112.94, indicating that the economy is still recovering, says the Office of Industrial Economics (OIE). Source: Business
Read More »Freight forwarders find their footing with data help
Data-sharing platforms like CrimsonLogic’s Hive can help local freight forwarders compete with logistics giants and deep-pocketed shipping companies. Source: Business
Read More »Fitch: Big local banks stable
Thailand’s large banks should be able to comply with new capital requirements for domestic systemically important banks (D-SIBs), as they already have capital ratios well in excess of the minimum requirements to be implemented by 2020, says Fitch Ratings. Source: Business
Read More »Somkid hails CSR efforts
Deputy Prime Minister Somkid Jatusripitak yesterday expressed gratitude to the private sector for supporting the government’s Pracha Rat (People’s State) initiative after many listed companies responded through corporate social responsibility (CSR). Source: Business
Read More »Ad firm Prakit in hotel debut
The advertising firm Prakit Advertising is making a foray into Bangkok’s hospitality business, launching a boutique hotel on Phahon Yothin Road to tap the growing number of Chinese and European travellers. Source: Business
Read More »Potential US rate rise puts brakes on fund inflows
The influx of offshore funds into Thailand has slowed after the US Federal Reserve signalled another rate rise this year, says a senior Bank of Thailand official. Source: Business
Read More »Trump tax plan buoys US stocks, SET advances again
Recap: US stock exchanges climbed as investors held out hope that President Donald Trump’s tax reform programme would make it through Congress. The focus of geopolitical attention, meanwhile, has shifted briefly from North Korea to the Middle East as Turkey, Iraq, Iran and Syria weigh their response to the 93% …
Read More »Baidu bullish on marketing service
Baidu, China’s biggest search engine, has chosen Thailand as a base to expand its digital marketing business, citing the rise of Chinese tourism in the country. Source: Business
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